PETALING JAYA (Feb 17): Property investment and holding company KL 33 Properties Sdn Bhd has acquired Menara Prudential (pictured) in Kuala Lumpur city centre for RM125 million, according to JLL Malaysia who is the transaction advisor on behalf of the seller — OCBC Properties (M) Sdn Bhd.
SINGAPORE (Feb 16): UOB Kay Hian and OCBC Investment Research are maintaining their “buy” calls on CapitaLand with a target price and fair value of S$4.
SINGAPORE (Jan 24): By many accounts, CapitaLand Mall Trust is beginning to buckle at the seams amid the sluggish retail environment characterised by slow tenant sales and low shopper traffic.
SINGAPORE (Oct 13): DBS Research is maintaining a target price of S$2.
SINGAPORE (Sept 27): OCBC Investment Research is keeping CapitaLand at “buy” with an unchanged fair value estimate of S$3.
SINGAPORE (Sept 5): When the Monetary Authority of Singapore (MAS) announced changes to the Total Debt Servicing Ratio (TDSR) framework last Thursday, the regulatory authority made it clear that it was not the easing of property cooling measures that some are hankering after.
SINGAPORE (Aug 23): OCBC Investment Research has maintained its “overweight” rating on the Singapore REIT industry, following the conclusion of the 2Q2016 results season.
PETALING JAYA (July 8): The iconic “OCBC Building” located at Jalan Hang Kasturi was sold last year in July to building management services company Shen & Sons Sdn Bhd for RM921 psf — translating into RM21 million — JLL Malaysia country head, YY Lau told TheEdgeProperty.
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